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GERMANY: Government tensions will increase
Romania is among the member states liable to the EDP. Although its debt is relatively low at 47.9% of GDP, Romania has wide budget and current account deficits, yet its tax-to-GDP…
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DOI: 10.1108/OXAN-DB284013
ISSN: 2633-304X
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The federal budget deficit target for 2023, set at RUB2.9tn (USD35.8bn), is likely to be exceeded for the second year in a row. Federal expenditure is showing no signs of slowing…
The French government is using its emergency powers to break a two-week strike at five of the country's eight refineries, which has caused fuel shortages nationwide. Union action…
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DOI: 10.1108/OXAN-DB273321
ISSN: 2633-304X
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President Recep Tayyip Erdogan’s Justice and Development Party (AKP) and the main opposition Republican People’s Party (CHP) are both offering largesse to various social groups…
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DOI: 10.1108/OXAN-DB274138
ISSN: 2633-304X
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HUNGARY: Slowdown may upset 2023 budget assumptions
Fiscal policy is one of the government's key challenges, both in terms of popular support and coalition unity. There are serious doubts over whether the coalition will be able to…
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DOI: 10.1108/OXAN-DB273202
ISSN: 2633-304X
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SERBIA: Subsidised household energy will continue
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DOI: 10.1108/OXAN-ES274318
ISSN: 2633-304X
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Slovakia’s Soviet inheritance has exposed it to the massive economic fallout from the Kremlin’s full-scale aggression against Ukraine, its efforts to squeeze natural gas supplies…
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DOI: 10.1108/OXAN-DB273565
ISSN: 2633-304X
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ITALY: Fiscal plans prioritise prudence